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Daily Debrief: What Happened Today
HDB resale prices dipped 0.1 per cent in October compared to September, driven by a 0.9 per cent fall in the resale prices of five-room flats.
A 0.48ha Reserve List parcel at Margaret Drive that could host 275 homes is triggered for sale after a developer committed to bid at a price of not less than S$185.76 million.
KrisEnergy is planning a preferential offering to raise up to S$140 million to help it ride out the challenging oil and gas sector, which has seen crude oil prices plunged to decade-low levels.
Dutch coffee and tea firm Jacobs Douwe Egberts (JDE) is planning to acquire Super Group in a deal valuing Super at S$1.45 billion, with the aim of delisting and privatising the firm.
Urban and business space solutions provider Ascendas-Singbridge's first Fibre Ready Scheme (FRS) installation was completed on Thursday at Ascent, a seven-storey integrated business park, retail, and food and beverage development at Singapore Science Park.
- KrisEnergy slides into the red in Q3
- Hyflux's Q3 earnings more than triple to S$21.5m
- Genting Singapore Q3 earnings surge
- Global Premium Hotels' Q3 profit falls 8.5% to S$3.3m
- SIA's Q2 profit plunges to S$64.9m from S$213.6m in Q2 FY15/16
The STI Today
The listing of HC Surgical Specialists, the privatisation of Super Group and the possible takeover of Global Logistic Properties helped boost trading at Singapore Exchange on Thursday, overshadowing worries around the globe that Donald Trump might become the next US president.